Euro & EUR/JPY

Euro…is putting in a relief rally from a very oversold condition in front of Thursday’s ECB meeting.

It’s presently trading @ 200 DMA resistance, which will also act as a near term upside pivot.
EUR/JPY…has had a nice 2 figure bounce off the 200 DMA right into first resistance which starts @ 139.86 and goes as high as 140.25.
The currencies didn’t seem to buy into the Bond weakness in London with a stronger dollar.
These charts are sent so you don’t chase direction into the wrong levels.

140603_071419_CQG_Integrated_Client_Chart_IEURUSD_-_Euro_United_States_Index_Daily

140603_071450_CQG_Integrated_Client_Chart_EURJPY_-_Euro_Japan_Daily

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